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Mais
Mais is a 37-year-old man who is married with one daughter. He is an Internally Displaced Person (IDP) and lives in an IDP Settlement with his family in Bilasuvar. He breeds cows and cattle, and he sells milk and milk products, as well as cattle for meat purposes to local butchers. Mais has 10 years of experience in this field, thanks to his father who taught him how best to look after cattle. He receives 80 AZN in financial support from the government monthly, but this is too low to cover family needs.

Mais usually buys small cattle, raises and fattens them for five to six months, then resells them at a profitable price in the local livestock bazaar. Milk and yoghurt he sells to the neighbors. Milk and meat sales bring 130 AZN income per month. Milk and yoghurt, as well as meat are very popular products in Azerbaijan. People use meat in such everyday national dishes as pilau and dolma and always use yoghurt sauce. Milk products are considered very healthy and also present in everyday life.

The above is the only financial income in his family and is not enough to cover basic needs of his beloved daughter. Mais applied for 1,500 AZN to purchase three cattle and one milk cow. He has already completed several loans and proven himself as a good client.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

About Aqroinvest

Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.

You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.

About Azerbaijan

  • $6,171
    Average annual income
  • 28
    View loans »
    Azerbaijan Loans Fundraising
  • $13,951,900
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Mais to buy three cattle and one milk cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014